TAG Oil Ltd. V.TAO

Alternate Symbol(s): TAOIF

Energy Oil & Gas E&P

TAG Oil Ltd. is an international oil and gas exploration company with a focus on operations and opportunities in the Middle East and North Africa. It holds an interest in the Badr Oil Field (BED-1), a 26,000-acre concession located in the Western Desert, Egypt, through a production services agreement (the PSA) with Badr Petroleum Company (BPCO). It is focused on BED-1 the re-completion and evaluation operations of the BED 1-7 vertical well. These initial operations are part of its phase I development program of Abu Roash F (ARF) reservoir in BED-1. The BED 1-7 well started oil production from the ARF reservoir. Its Field Development Plan (FDP), consisting of drilling 20 horizontal wells to be completed with multi-stage fracture stimulation, is focused on the east central part of the BED-1 concession area and contains OIIP P50 volumes of 178.3 million barrels and mean volumes of 179.0 million barrels. Its subsidiaries include TAG Energy International Ltd., CX Oil Limited, and others.

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TAG Oil Ltd.

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Comment by DoctorGon Aug 07, 2014 7:21pm

208 Views

Post# 22820220

RE:52 week low breached

Does anyone have a ny idea what is driving the share price to these low levels?

lack of interest?

worries or concerns oiver looming NZ elkection, if Labour gets in there will be Green party influence ? (I doubt this as Labour look like they are very far behind, however with proportional representation who knows?

Any other (sesible ideas) as to what drives this company's share price?

Probably we all sit here watching daily, when we should only be re-visiting how thoings are going every six months or so...

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